NIC ASIA Laghubitta to provide further 10% rebate on interest amount and 100% on penal charges for Jestha too; borrowers to enjoy additional interest benefit

Fri, May 15, 2020 7:45 AM on Corporate, Latest,
NIC ASIA L...

NIC ASIA Laghubitta has extended its interest rebate service where the borrowers of the microfinance who clear their interest till the month of Jestha will receive further 10% rebate on interest amount and 100% refund of penal charges. Earlier, the microfinance had complied with Nepal Rastra Bank’s directives to provide 3% interest rebate on overall interest of the borrowers till the end of Chaitra and similar rebate for the Baisakh end.

The microfinance has clarified that the rebate amount for the month of Chaitra has already been deposited to the respective accounts whereas the rebate amount for the month of Baisakh will be deposited within the first week of Jestha, as per the media statement.